PM Modi Kicks Off Historic Cooperative Conference in India

The Global Cooperative Conference 2024 was inaugurated by Prime Minister Shri Narendra Modi at Bharat Mandapam in New Delhi. The event also marked the launch of the United Nations’ International Year of Cooperatives 2025. Several dignitaries, including Union Home Minister Shri Amit Shah, the Prime Minister of Bhutan, and the Deputy Prime Minister of Fiji, attended the event. This conference underscores the importance of cooperatives in global development, especially for rural populations, women, and farmers.

Key Highlights

Event Overview

• Inaugural ceremony of the Global Cooperative Conference 2024.
• Launch of the United Nations’ International Year of Cooperatives 2025 by PM Modi.
• Release of a commemorative postal stamp.
• Union Home Minister Shri Amit Shah delivered a key address.

PM Modi’s Contribution

• PM Modi emphasized the theme of “Sahkar Se Samriddhi” (Prosperity through Cooperation) introduced three years ago.
• He highlighted India’s commitment to strengthening its cooperative sector.
• The launch of the International Year of Cooperatives is expected to improve the lives of millions, particularly in rural areas.

Government Initiatives

• Strengthening of the legal framework for cooperatives.
• White Revolution 2.0 and Blue Revolution with the role of cooperatives emphasized.
• Plans for a cooperative university to provide tech-enabled human resources.
• Introduction of a new cooperative policy to extend the reach of cooperatives and improve global cooperation.

Global Impact

• Emphasis on how India’s cooperative sector, with successful examples like IFFCO, KRIBHCO, and Amul, can inspire the world.
• The cooperative movement will enhance the empowerment of farmers, women, and underprivileged groups worldwide.

Summary/Static	Details
Why in the news?	Prime Minister Shri Narendra Modi inaugurates Global Cooperative Conference 2024 at Bharat Mandapam in New Delhi
UN International Year of Cooperatives 2025	PM Modi launched the UN’s International Year of Cooperatives 2025.
Commemorative Stamp	PM Modi released a postal stamp to commemorate the occasion.
Dignitaries Present	Amit Shah, PM of Bhutan, Deputy PM of Fiji, ICA President, and other dignitaries.
PM Modi’s Vision	Emphasized “Sahkar Se Samriddhi” (Prosperity through Cooperation). Focused on strengthening India’s cooperative movement.
Cooperative Initiatives	Plans to create 2 lakh PACS, tech-enable cooperatives, and introduce new cooperative bodies.
Legal and Structural Changes	Strengthening legal framework and establishing a cooperative university.